MONTREAL — Officials of Metro Inc. here have yet to reveal their plans for the nearly $500 million the company is receiving as a result of selling half its stake in the convenience store operator Alimentation Couche-Tard, but speculation that the retailer would use it to fund an acquisition continued last week. “We’re now carefully evaluating different opportunities for these proceeds including investments for growth and returns to shareholders,” Francios ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.